Dust

Dust refers to a Bitcoin wallet that has such a small amount of satoshis in it that if it was to be sent to another wallet, it would cost more in transaction fees than to actually send it.

Generally, it’s a good idea to make sure that you have a decent amount of sats in your wallet before sending it so you can cover fees. Some wallets allow you to set a custom fee which can make things more affordable if you are using the main chain

However, if you aren’t sending more than 0.01 BTC at a time, then using the lightning network will facilitate small transaction amounts with very small fees so you won’t have to worry about dust amounts again.

Share with a friend

If you thought this information was helpful why not share it on your favourite social media network and encourage others to learn more about Bitcoin

The latest news from our blog

Wumbo LN channels explained

What Are Wumbo Lightning Channels?

Bitcoin’s Lightning Network has reached significant milestones as it continues to provide bitcoin users with a scaling method ideal for micropayments and programmable payments. The

Read More »